Who must sign the page of the Counselor Realty Franchise Disclosure Document receipt?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| A. B. C. | Financial Statements Franchise Agreement List of Franchises | D. E. | List of State Franchise Administrators State Addendum | ||
|---|---|---|---|---|---|
| Name | Signature | PROSPECTIVE FRANCHISEE (Print or type name of corporation or partnership) Date | |||
| 1. | |||||
| 2. | |||||
| 3. | |||||
| 4. | DISCLOSURE DOCUMENT AND MUST BE RETURNED IMMEDIATELY TO: Name, address and telephone number of the franchise seller offering the franchise: | 3200 NW Main Street, Suite 110 Coon Rapids, Minnesota 55448 | THIS PAGE MUST BE SIGNED BY AN OFFICER OF A CORPORATION, THE GENERAL PARTNER(S) OF A PARTNERSHIP, OR ANY INDIVIDUAL RECEIVING A COPY OF THE FRANCHISE COUNSELOR REALTY FRANCHISING, INC. | ||
| Name: | |||||
| Address: | |||||
| Phone: |
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the receipt page must be signed by specific individuals depending on the franchisee's business structure. If the franchisee is a corporation, an officer of the corporation must sign. If the franchisee is a partnership, one of the general partners must sign. Otherwise, any individual receiving a copy of the Franchise Disclosure Document must sign the receipt.
This requirement ensures that Counselor Realty has documented acknowledgement of receipt of the FDD from a responsible party associated with the franchise. This is a standard practice in franchising, as it provides evidence that the prospective franchisee received the required disclosure document within the mandated timeframe, which is 14 calendar days before signing a binding agreement or making a payment.
The FDD also states that the completed receipt page must be returned immediately to Counselor Realty Franchising, Inc. at their Coon Rapids, Minnesota address. This immediate return is crucial for Counselor Realty to maintain proper records and comply with franchise regulations. Prospective franchisees should ensure they understand who is authorized to sign on behalf of their business entity and promptly return the signed receipt to avoid any delays in the franchise approval process.